Cost of Living: Northbrook, IL vs Hoover, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Northbrook | Hoover |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $494,000 | $321,000 |
| Average Rent (2 BR Apartment) | $2200 | $1200 |
| Average Rent (2 BR House) | $2240 | $1360 |
Housing Comparison: Northbrook vs Hoover
- In Northbrook, the median home price is higher at $494,000, while in Hoover it is $321,000.
- Renting a two-bedroom apartment costs more in Northbrook at $2,200 than in Hoover at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Northbrook | Hoover |
|---|---|---|
| Electricity Price | $16.15 | $15.03 |
| Natural Gas Price | $16.59 | $21.76 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Northbrook vs Hoover
- Electricity costs are higher in Northbrook at $16.15 per kWh, compared to $15.03 in Hoover.
- Hoover experiences higher natural gas costs at $21.76 per unit, with costs at $16.59 in Northbrook.
- Utility expenses are equal in both Northbrook and Hoover averaging $250.